# 3854 Bailey Avenue, The Bronx

Three-family · built 1960 · Block 3263, Lot 39.

On Umarelli: https://umarelli.org/nyc/2032630039/3854-bailey-avenue

More construction in Kingsbridge and Jerome Park: https://umarelli.org/nyc/bronx/kingsbridge-and-jerome-park.md

## Building permits

- Alteration, filed Feb 24, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed and overhead protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Major Renovation — Enlargement, filed Mar 30, 2022, estimated cost $345K, 13 units added, 4 stories, described as “Application filed herewith to propose, horizontal enlargement at the second floor. 1 story vertical enlargement with a penthouse and bulk head. Increase dwelling units to 15 and to obtain new certificate of occupancy”

## Property taxes

- Assessment: $74,400
- 2026–27 tax: $6,943
- Market value (city estimate): $1,240,000
- Taxable value: $34,992
- Assessed land: $13,560
- Assessed improvements: $60,840

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $7,820 a year below the full tax.

## Zoning

R7-1: floor area ratio 0.99 built, 3.44 allowed by base zoning.

## Recent sales

- Apr 28, 2022: $875,000
- Sep 3, 2021: $550,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Permits Filed for 3854 Bailey Avenue in Kingsbridge Heights, The Bronx](https://newyorkyimby.com/2023/07/permits-filed-for-3854-bailey-avenue-in-kingsbridge-heights-the-bronx.html), New York YIMBY, Jul 9, 2023.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology